United States Brent Oil Fund LP

BNO tracks the Brent oil spot price using near-month ICE futures contracts.

Invesco DB Oil Fund

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

iShares U.S. Oil & Gas Exploration & Production ETF

VanEck Vectors Oil Services ETF

iPath Pure Beta Crude Oil ETN

Invesco Dynamic Oil & Gas Services ETF

ProShares Ultra Bloomberg Crude Oil

United States Oil Fund LP

SPDR S&P Oil & Gas Exploration & Production ETF

Russia's gas squeeze on Germany could encourage end users to swap their gas for petroleum products, driving crude oil prices higher.

Crude Oil Price Update – Taking Out $100.99 Will Change the Main Trend to Up

Invesco S&P SmallCap Energy ETF

SPDR S&P Oil & Gas Equipment & Services ETF

Energy Select Sector SPDR Fund

Energy sector-related exchange traded funds are strengthening as traders turn more bullish and oil prices push higher on a weakening U.S. dollar. Among the best performing non-leveraged ETFs of Monday, the Invesco S&P SmallCap Energy ETF (NasdaqGM: PSCE) rose 6.2% and the SPDR Oil & Gas Equipment & Services ETF (NYSEArca: XES) advanced 5.8%.

Energy ETFs Are Gaining Momentum

Oil rose on Monday on expectations Russia's reduction in natural gas supply to Europe could encourage a switch to crude, though concerns over weakening fuel demand because of an expected increase in U.S. interest rates limited gains.

Oil rises as Russian gas cut to Europe may encourage switching to crude

Goldman Sachs Physical Gold ETF

Invesco DB Gold Fund

DB Gold Double Long ETN

SPDR Gold Trust

SPDR Gold MiniShares Trust

iShares Gold Trust

iShares Gold Strategy ETF

VanEck Merk Gold Trust

ProShares Ultra Gold

Oil prices rebounded but remain in a downtrend amid global growth concerns, as commodity traders focus on upcoming macro risk.

WTI Rebounds From Brief Dip Under 200DMA, Gold Slips 0.5%

Natural-gas futures climbed by more than 5% on Monday, supported by hotter-than-usual weather throughout much of the U.S., which has boosted demand for the commodity as a power source, analysts said. The rise in U.S. prices also follows a rally in European prices for the commodity, with Dutch TTF gas futures up nearly 12% Monday.

Natural-gas futures rally by more than 5%; oil prices finish higher

"The difference now compared to previous recessionary environments is that the pullback in demand has been essentially triggered by a supply shortfall."

Oil prices will trade above $100 in 2023 unless there's a deepening recession or easing of Russia's war in Ukraine, BofA says

Oil futures moved higher Monday to start the week, with the U.S. benchmark remaining well below the $100-a-barrel threshold.

Oil prices move higher to kick off week ahead of Fed meeting

The tone of the market is likely to remain bearish amid worries that aggressive interest rate hikes by the Fed would slash global fuel demand.

Oil Price Fundamental Weekly Forecast – Fed Rate Hike Expected to Weigh on Fuel Demand

Oil fell on Monday, reversing earlier gains but continuing a recent losing streak, on concerns that an expected increase in interest rates in the U.S., the world's biggest oil user, may limit fuel demand growth.

Oil falls on concerns expected Fed hike will impact fuel demand

Trader reaction to the minor 50% level at $94.61 is likely to determine the direction of September WTI crude oil market early Monday.

Crude Oil Price Update – Strengthens Over $94.61, Weakens Under $93.10

Downbeat US, Eurozone and UK PMI data bolstered global recession bets, boosting gold but hurting the oil demand outlook.

WTI Falls Back to Test 200DMA in $94s, Gold Boost by Recession Fears

Oil futures ended lower on Friday, with U.S. prices holding below $100 a barrel and the front-month contract posting a modest rise for the week. "Demand destruction is finally happening," with Energy Information Administration numbers showing gasoline demand getting softer, said Tariq Zahir, managing member at Tyche Capital Advisors.

Oil ends lower, with U.S. prices holding below $100 a barrel

The crude oil markets have initially been bullish during the week but then broke down significantly to show a bit of hesitation.

Crude Oil Weekly Price Forecast – Crude Oil Markets Give Up Early Gains for the Week

The crude oil markets have initially pulled back during the trading session on Friday but continue to see buyers trying to support this market.

Crude Oil Price Forecast – Crude Oil Markets Hanging Onto an Uptrend

Crude oil prices fell further after U.S. business activity contracted for the first time in nearly two years in July, raising concerns over demand.

Oil Price Fundamental Daily Forecast – Recession Fears Rise as US Business Activity Contracts

Oil futures traded lower early Friday, on track for weekly losses after further evidence demand for gasoline is faltering, allowing U.S. inventories of the fuel to build in the middle of summer driving season.

Oil heads for weekly loss as gasoline demand falters

Oil prices were roughly unchanged in early trading on Friday after sliding around 3% in the previous session on weakened demand in the United States, the world's top oil consumer, and a pick-up in supply from Libya.

Oil prices steady after sharp declines on weak U.S. demand

Oil futures fell sharply on Thursday, with U.S. prices settling at their lowest in a week. Crude prices tumbled as energy traders reassessed the short-term demand outlook "given the disappointing summer driving season and as the U.S. economy starts to show further signs it is quickly weakening," said Edward Moya, senior market analyst at OANDA.

Oil prices settle at their lowest in a week

Oil futures fell sharply on Thursday, extending a decline seen after a counter-seasonal rise in U.S. gasoline inventories reflecting falling demand.

Oil down sharply as falling gasoline demand allows fuel inventories to rise

The sell-off is being driven by a rise in gasoline inventories according to government data and returning energy supply from Libya and Russia.

Oil Price Fundamental Daily Forecast – Pressured by Low Demand Fears Amid Rising Supply

The damage to consumer demand from gasoline at $5 a gallon was apparent in an unexpected build in weekly US fuel inventories.

Oil slides 4% as US gasoline demand shows signs of dropping off right in the middle of the summer driving season

Oil prices fell on Thursday for a second straight session, as demand concerns outweighed tight global supply after U.S. government data showed tepid gasoline demand during the peak summer driving season.

Oil prices edge lower as demand concerns outweigh tight supply

Much has been written about the strong dollar, which has been bolstered by rising interest rates and a flight to safety amid recession concerns and weakness in Europe. A strong dollar has far-reaching implications for earnings, trade, and commodities priced in dollars, including oil.

Dollar Strength a Contributing Factor in Oil Price Pullback

U.S. gasoline inventories rose 3.5 million barrels last week, far exceeding analysts' forecasts in a Reuters poll for a 71,000-barrel rise.

Crude Oil Price Update – Edging Lower on Disappointing Gasoline Demand

Oil futures ended with a loss on Wednesday, pulling back after posting gains in each of the last three trading sessions. The Energy Information Administration on Wednesday reported a 400,000-barrel weekly fall in U.S. crude supplies, even as 5 million barrels of oil supplies were released from the Strategic Petroleum Reserve.

News for United States Brent Oil Fund LP ETF (BNO)